Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Viridis Mining and Minerals Limited ( (AU:VMM) ) just unveiled an announcement.
Viridis Mining and Minerals Limited announced a significant upgrade in its Mineral Resource Estimate at the Colossus IAC REE Project, with a 140% increase in size, positioning it as the largest and highest-grade MREO resource globally. This upgrade signifies substantial potential for the company’s operations, with high-value mineralisation and promising project economics, even amid lower REE prices, establishing Colossus as a leading project in the rare earth industry.
More about Viridis Mining and Minerals Limited
Viridis Mining and Minerals Limited operates in the mining industry, focusing on the extraction and development of rare earth elements. The company is particularly centered on projects involving Ionic Adsorption Clay (IAC) Rare Earth Elements (REE), which are critical for various high-tech and green technology applications.
YTD Price Performance: 21.21%
Average Trading Volume: 159,974
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$787.7K
For a thorough assessment of VMM stock, go to TipRanks’ Stock Analysis page.
